Russian Federation - Grinding And Sharpening Metal Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Grinding and Sharpening Machine in Russia - 2022
Contents:
- Price for Grinding and Sharpening Machine in Russia (CIF) - 2022
- Price for Grinding and Sharpening Machine in Russia (FOB) - 2022
- Imports of Grinding and Sharpening Machine in Russia
- Exports of Grinding and Sharpening Machine in Russia
Price for Grinding and Sharpening Machine in Russia (CIF) - 2022
In 2022, the average grinding and sharpening machine import price amounted to $79 per unit, picking up by 9.9% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 43% against the previous year. As a result, import price attained the peak level of $271 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,498 per unit), while the price for Sweden ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grinding and Sharpening Machine in Russia (FOB) - 2022
The average grinding and sharpening machine export price stood at $148 per unit in January 2022, with a decrease of -23.2% against the previous month. Overall, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in February 2021 an increase of 140% against the previous month. Over the period under review, the average export prices attained the peak figure at $307 per unit in July 2021; however, from August 2021 to January 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Kazakhstan ($385 per unit), while the average price for exports to Ukraine ($28.8 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Grinding and Sharpening Machine in Russia
After three years of growth, supplies from abroad of grinding and sharpening metal finishing machines decreased by -11.1% to 507K units in 2022. The total import volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 28%. Imports peaked at 570K units in 2021, and then contracted in the following year.
In value terms, grinding and sharpening machine imports fell modestly to $40M in 2022. In general, imports showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 4.9%. Over the period under review, imports hit record highs at $41M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Grinding and Sharpening Machine in Russia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.9 | 12.6 | 17.1 | 23.6 | 25.6% |
Germany | 7.0 | 6.7 | 4.0 | 7.2 | 0.9% |
Taiwan (Chinese) | 4.9 | 3.6 | 5.8 | 2.3 | -22.3% |
Belarus | 2.7 | 2.1 | 4.3 | 1.7 | -14.3% |
Italy | 1.9 | 3.2 | 2.5 | 0.4 | -40.5% |
Sweden | 0.5 | 0.6 | 0.5 | 0.1 | -41.5% |
United States | 0.6 | 0.2 | 0.4 | N/A | -18.4% |
Others | 12.1 | 10.0 | 6.1 | 4.6 | -27.6% |
Total | 41.4 | 39.0 | 40.9 | 39.9 | -1.2% |
Top Suppliers of Grinding and Sharpening Machine to Russia in 2022:
- China (454.6K units)
- Taiwan (Chinese) (16.9K units)
- Italy (12.0K units)
- Sweden (7.6K units)
- Belarus (7.0K units)
- Germany (4.8K units)
Exports of Grinding and Sharpening Machine in Russia
In 2022, after three years of growth, there was significant decline in overseas shipments of grinding and sharpening metal finishing machines, when their volume decreased by -24.4% to 18K units. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 112%. As a result, the exports reached the peak of 23K units, and then fell rapidly in the following year.
In value terms, grinding and sharpening machine exports shrank remarkably to $3.3M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of $4.2M, and then fell sharply in the following year.
Export of Grinding and Sharpening Machine in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Moldova | 4.9 | 6.9 | 10.6 | 1,079 | 503.9% |
Kazakhstan | 228 | 604 | 749 | 798 | 51.8% |
Bangladesh | 127 | 0.4 | 138 | 617 | 69.4% |
Belarus | 638 | 1,080 | 1,203 | 354 | -17.8% |
United States | 111 | 213 | 521 | 168 | 14.8% |
Canada | 3.2 | 1.5 | 21.9 | 103 | 218.1% |
Ukraine | 290 | 60.9 | 116 | 41.4 | -47.7% |
Others | 1,010 | 957 | 1,462 | 187 | -43.0% |
Total | 2,411 | 2,924 | 4,222 | 3,348 | 11.6% |
Top Export Markets for Grinding and Sharpening Machine from Russia in 2022:
- Belarus (11.0K units)
- Bangladesh (2.2K units)
- Ukraine (1.3K units)
- Kazakhstan (1.2K units)
- United States (0.6K units)
- Canada (0.4K units)
- Moldova (0.4K units)
This report provides an in-depth analysis of the market for grinding and sharpening machine in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412305 - Numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
- Prodcom 28412315 - Numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
- Prodcom 28412325 - Other numerically controlled grinding machines in which the positioning in any one axis can be set up to accuracy > 0,01 mm
- Prodcom 28412335 - Non-numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
- Prodcom 28412345 - Non-numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
- Prodcom 28412355 - Grinding machines for working metal, any one axis can be set to an accuracy . 0,01 mm excluding flat-surface grinding machines, cylindrical surface grinding machines
- Prodcom 28412365 - Numerically controlled sharpening (tool or cutter grinding) m achines for working metal
- Prodcom 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global imports of metal finishing machine amounted to X tons, approximately reflecting the previous year figure. Overall, metal finishing machine imports continue to indicate a deep ...
In 2016, the global imports of metal finishing machine amounted to X tons, approximately reflecting the previous year figure. Overall, metal finishing machine imports continue to indicate a deep ...
Despite a drop in exports in 2014, Germany was able to maintain its dominance in the global metal finishing machine trade. In 2014, Germany exported X units of metal finishing machines totaling X million USD, X% under the previous year. Its prim